Barclays profit dips in the second quarter, beats estimates

Barclays reported second-quarter net profit attributable to shareholders of 1.2 billion ( $1.54 billion ) Net interest income at it consumer bank dropped 4% year-on-year to 3.15 billion across the January-June period.

British lender this year kicked off a major restructure aiming to improve efficiencies and boost profits, driving its share price 52% higher in the year to date .